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	<title><![CDATA[Westpac Banking Corp. | Company News & Executive Profiles | BNET]]></title>
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	<description><![CDATA[Latest company news & analysis, recent events, stock quotes, earning call transcripts, with profiles and descriptions of top business executives for Westpac Banking Corp.]]></description>
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		<title><![CDATA[Westpac Justifies Rates Rise]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/westpac-justifies-rates-rise/23974/]]></link>
		<description><![CDATA[Westpac Banking Corporation has justified its recent increase to home loan rates, saying that it would do no one favours to offer rates that were unsustainable. Australia's second largest home loan lender also says it already absorbed some of the rising costs of funding. "We absorbed some of the external...]]></description>
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		<pubDate>Wed, 16 Dec 2009 13:33:04 -0800</pubDate>
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		<title><![CDATA[Westpac Justifies Rates Rise]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-374004.html]]></link>
		<description><![CDATA[ Westpac Banking Corporation has justified its recent increase to home loan rates, saying that it would do no one favours to offer rates that were unsustainable.Australia's second largest home loan lender also says it already absorbed some of the rising costs of funding."We absorbed some of the external cost...]]></description>
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		<pubDate>Wed, 16 Dec 2009 13:19:00 -0800</pubDate>
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		<title><![CDATA[Westpac Launches $1b RMBS Offer]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-373357.html]]></link>
		<description><![CDATA[ Westpac Banking Corporation has launched its first residential mortgage backed securities RMBS issue in two years, giving the securitisation market one of it biggest deals since the onset of the global financial crisis.Westpac on Monday launched $1 billion of series 2009-1 WST Trust RMBS in three tranches.It is selling...]]></description>
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		<pubDate>Mon, 14 Dec 2009 16:37:00 -0800</pubDate>
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		<category domain="http://resources.bnet.com/topic/residential+mortgage+backed+security.html"><![CDATA[Residential Mortgage Backed Security]]></category>
		<category domain="http://resources.bnet.com/topic/mortgages.html"><![CDATA[Mortgages]]></category>
		<category domain="http://resources.bnet.com/topic/financial+accounting.html"><![CDATA[Financial Accounting]]></category>
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		<title><![CDATA[Westpac Appoint Executive to Lead Change]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/westpac-appoint-executive-lead-change/22965/]]></link>
		<description><![CDATA[Australia's second biggest lender Westpac Banking Corporation has elevated the head of its wealth management arm to lead its retail and business banking business, as part of a management reshuffle. Rob Coombe, BT Financial Group chief executive, replaces Peter Hanlon as group executive for retail and business banking, Sydney-based Westpac...]]></description>
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		<pubDate>Mon, 07 Dec 2009 14:56:41 -0800</pubDate>
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		<title><![CDATA[Westpac Appoint Executive to Lead Change]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-370872.html]]></link>
		<description><![CDATA[ Australia's second biggest lender Westpac Banking Corporation has elevated the head of its wealth management arm to lead its retail and business banking business, as part of a management reshuffle.Rob Coombe, BT Financial Group chief executive, replaces Peter Hanlon as group executive for retail and business banking, Sydney-based Westpac...]]></description>
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		<pubDate>Mon, 07 Dec 2009 14:28:00 -0800</pubDate>
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		<title><![CDATA[ACCC Says Bank Takeovers Unlikely]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-370844.html]]></link>
		<description><![CDATA[ Australia's competition watchdog flagged more bank takeovers are unlikely and it would still knock back Caltex Australia Ltd's attempted takeover of Mobil Oil Australia's service stations if some sites were excluded from the deal.Chairman of the Australian Competition and Consumer Commission ACCC Graeme Samuel on Sunday said it was...]]></description>
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		<pubDate>Sun, 06 Dec 2009 15:43:00 -0800</pubDate>
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		<title><![CDATA[ACCC says bank takeovers unlikely]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/accc-bank-takeovers/22862/]]></link>
		<description><![CDATA[QUICK SUMMARY | FULL STORY AAP Australia's competition watchdog flagged more bank takeovers are unlikely and it would still knock back Caltex Australia Ltd's attempted takeover of Mobil Oil Australia's service stations if some sites were excluded from the deal. Chairman of the Australian Competition and Consumer Commission ACCC Graeme...]]></description>
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		<pubDate>Sun, 06 Dec 2009 15:04:21 -0800</pubDate>
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		<title><![CDATA[Govt's Bank Guarantee Hurting BOQ: Liddy]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-369607.html]]></link>
		<description><![CDATA[ Bank of Queensland Ltd BoQ chief executive David Liddy has seized upon Westpac Banking Corporation's variable mortgage interest rate hike to call for government intervention to safeguard competition in the banking sector.Mr Liddy, who is also the Australian Bankers' Association deputy chairman, pointed to Westpac's bigger than expected 45...]]></description>
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		<pubDate>Wed, 02 Dec 2009 18:30:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/bank.html"><![CDATA[Bank]]></category>
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		<category domain="http://resources.bnet.com/topic/pricing.html"><![CDATA[Pricing]]></category>
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		<title><![CDATA[Westpac Raises Home Loan Rate By 45bps]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-369335.html]]></link>
		<description><![CDATA[ Westpac Banking Corporation has hiked its standard variable lending rate by almost double the amount of the central bank's increase, shining a spotlight on the burgeoning pricing power of the major banks.Australia's second biggest home loan lender on Tuesday delivered a bigger than expected interest rate rise, announcing it...]]></description>
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		<pubDate>Tue, 01 Dec 2009 18:25:00 -0800</pubDate>
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		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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		<title><![CDATA[CBA Confirms No Loss From Dubai Exposure]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-368689.html]]></link>
		<description><![CDATA[ Commonwealth Bank of Australia Ltd CBA has confirmed it does not expect to incur a material loss from its financial exposure to Dubai World.CBA's announcement on Monday came after its big three rival banks confirmed on Friday that their financial exposures to debt-laden Dubai World would not generate material...]]></description>
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		<pubDate>Mon, 30 Nov 2009 11:38:00 -0800</pubDate>
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